World's biggest pension fund may sell Japan bonds for payouts

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JAPAN - Japan's public pension fund, the world's largest, said it may become a net seller of bonds to cover payments in the world's most rapidly ageing society.

The Government Pension Investment Fund, which oversees 117.6trn yen ($1.4trn), in September forecast that it would sell 4trn yen in assets in the business year ending March 31 to fund payouts. Sale...

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